BBB Wise Giving Report for
Cystic Fibrosis Foundation

BBB Wise Giving Report issued May 2010
BBB Wise Giving Report expires May 2012


This BBB Accredited charity meets all 20 Standards for Charity Accountability and is a Seal Holder. Find out more...


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Charity Contact Information

Name: Cystic Fibrosis Foundation
Address: 6931 Arlington Road, 2nd Floor
  Bethesda, MD 20814
Phone: 301-951-4422
800-344-4823
Web Address: www.cff.org
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BBB Wise Giving Alliance Comments

Year, State Incorporated: 1955, Delaware
Affiliates: Cystic Fibrosis Services, Inc, Cystic Fibrosis Foundation Therapeutics, Cystic Fibrosis Foundation Pharmacy, LLC, Cystic Fibrosis Patient Assistance Foundation, and 56 chapters
Stated Purpose: "to assure the development of the means to cure and control cystic fibrosis and to improve the quality of life for those with the disease."

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Evaluation Conclusions

              

Cystic Fibrosis Foundation (CFF) meets the 20 Standards for Charity Accountability.
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Programs

              

To advance the search for a cure, CFF's drug development program, through a matching-awards program with biotechnology companies, and a specialized CF clinical trials network, has attracted industry involvement in CF research. CFF manages a virtual drug discovery and development pipeline that they report includes more than 30 potential new CF therapies. CFF accredits 115 CF care centers nationwide to provide multi-disciplinary, specialized care for people with the disease. Cystic Fibrosis Services, Inc., a CFF subsidiary, was established as a specialty pharmacy for people with CF to provide availability and access to CF medications, as well as assistance with the insurance issues faced in obtaining these medications. Today, CF Services provides personalized services, patient advocacy, patient education and reimbursement support to the CF community. As part of its education efforts, CFF provides free information through its website, publications and videos for the general public.

For the year ended December 31, 2009, CFF's program expenses were:

  
Medical programs 181,576,864
Public and professional information and education 18,470,716
Community services 7,282,441
Total Program Expenses: $207,330,021
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Governance

              

Chief Executive : Robert J. Beall, Ph.D, President and CEO
Compensation*:
$740,057

Chair of the Board: Catherine C. McLoud
Chair's Profession / Business Affiliation: CF parent and hospitality industry consultant

Board Size: 17

Paid Staff Size: 540

*2009 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

              

Method(s) Used:

Direct mail, telemarketing, special events, grant proposals, Internet appeals, planned giving, and cause-related marketing.
Fund raising costs were 15% of related contributions. (Related contributions, which totaled $118,300,466, are donations received as a result of fund raising activities.)
CFF incurred joint costs of $10,185,000 for informational materials and activities that included fund raising materials. Of those costs, $7,272,000 was allocated to fund raising expenses and $2,913,000 was allocated to program expenses.
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Tax Status

              

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

              

The following information is based on CFF's audited financial statements (consolidated) for the year ended December 31, 2009.

Source of Funds  
Pharmacy services 96,196,306
Special event revenue 78,350,718
General contributions 39,949,748
Other 2,240,980
Investment income 800,439
Total Income $217,538,191


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Uses of Funds as a % of Total Expenses

Programs: 89%  Fund Raising: 8%  Administrative: 3% 

Total income   $217,538,191
  Program expenses $207,330,021
  Fund raising expenses 17,505,771
  Administrative expenses 5,986,634
 
Total expenses   $230,822,426
Expenses in Excess of Income   (13,284,235)
Beginning net assets   142,418,315
Other Changes in Net Assets (3,061,364)
Ending net assets   126,072,716
Total liabilities   58,786,399
Total assets   $184,859,115

Note: In the financial section above, "other changes in net assets" represents -$3,061,364 for net nonoperating investment losses.

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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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